Gujarat: K.P. Energy Limited (“KP Energy” or “the Company”), an integrated renewable energy solutions provider, has received a Letter of Award (LoA) from Enerparc Energy Private Limited for the development of a 40.8 MW Wind-Solar Hybrid Power Project in Gujarat.
The project will comprise approximately 20.2 MW of wind capacity and 20.6 MWp of solar capacity, strengthening the company’s growing portfolio in hybrid renewable energy development.
Awarded on a complete turnkey basis, the scope of work includes supply, installation and commissioning of the project, development of evacuation infrastructure, facilitation of grid connectivity, and obtaining all required statutory and regulatory approvals.
The latest mandate reinforces KP Energy’s position as a full-stack renewable energy solutions provider and significantly enhances its execution pipeline in the wind-solar hybrid segment. The project will be executed as per the timelines stipulated in the Letter of Award.
Commenting on the development, Faruk G. Patel, Chairman and Managing Director, K.P. Energy Limited, said: “This award marks another significant milestone for KP Energy as we continue to strengthen our presence in the fast-growing wind-solar hybrid segment. Hybrid projects play a critical role in delivering optimized and reliable renewable power by leveraging the complementary strengths of wind and solar energy. We remain committed to delivering high-quality, end-to-end solutions while contributing meaningfully to India’s clean energy ambitions and sustainable growth.”
The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The development aligns with the increasing adoption of hybrid renewable energy projects in India, enabling optimized power generation through the complementary strengths of wind and solar energy.
